Acorn Wealth Advisors LLC Has $1.97 Million Stock Holdings in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Acorn Wealth Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,287 shares of the company’s stock after selling 3,352 shares during the quarter. Acorn Wealth Advisors LLC owned about 0.21% of Invesco S&P 500 Equal Weight Health Care ETF worth $1,972,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Rainey & Randall Wealth Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 0.8% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 711,010 shares of the company’s stock worth $20,833,000 after buying an additional 5,481 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.5% in the 4th quarter. Private Advisor Group LLC now owns 127,182 shares of the company’s stock worth $3,726,000 after acquiring an additional 615 shares in the last quarter. Blue Chip Partners LLC bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth about $1,834,000. JFS Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter valued at about $58,000. Finally, Allworth Financial LP boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1,007.5% during the 4th quarter. Allworth Financial LP now owns 25,250 shares of the company’s stock valued at $777,000 after purchasing an additional 22,970 shares in the last quarter.

Invesco S&P 500 Equal Weight Health Care ETF Price Performance

NYSEARCA RSPH opened at $30.69 on Tuesday. Invesco S&P 500 Equal Weight Health Care ETF has a one year low of $28.92 and a one year high of $32.85. The business has a 50 day simple moving average of $30.24 and a 200 day simple moving average of $30.95. The stock has a market capitalization of $981.16 million, a P/E ratio of 23.48 and a beta of 1.02.

Invesco S&P 500 Equal Weight Health Care ETF Profile

The Invesco S&P 500 Equal Weight Health Care ETF (RSPH) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care companies taken from the S&P 500 Index. RSPH was launched on Nov 1, 2006 and is managed by Invesco.